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Dec 19, 2012
12/12
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. >> brian, he's buying hawaii. he's not just buying malibu. >> first of all, he only bought 98%. >> i meant the state. all of those islands comprise the state of hawaii. i don't know if they taught you that in west virginia. >> let's get to the matter at hand, seriously. oracle, is it too late to get in? >> no. >> the stock's had this good run. >> we had that yesterday as you had steven weiss and murph debating it. i said weiss was right. i still believe he's right. i think a lot of the delayed orders,ing in particular the server space that are going to benefit apple, or rather oracle, hit in 2013 much more aggressively because the pause button is off. >> let's hit the biggest pops and drops. >> delphi being added to the big index. i got to say, this is one of the most successful reemergences from chapter 11 organization. already 35. it looks like the business is in great shape. auto parts, transmissions, things of that nature. >> ennis, what do you sea in seadaese seagate? >> it's been a volatile name. back up to
. >> brian, he's buying hawaii. he's not just buying malibu. >> first of all, he only bought 98%. >> i meant the state. all of those islands comprise the state of hawaii. i don't know if they taught you that in west virginia. >> let's get to the matter at hand, seriously. oracle, is it too late to get in? >> no. >> the stock's had this good run. >> we had that yesterday as you had steven weiss and murph debating it. i said weiss was right. i still...
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Dec 10, 2012
12/12
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CNBC
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. >> according to the hawaii reporter. >> the other bookmark is his inauguration. you don't want these things to go through the inauguration, either. so, that gives us a very tight window. >> look, politicians have a long track record of kicking the can down the road. they could certainly do it again. but i've characterized this bull market as sort of the rodney dangerfield of bull markets. absolutely no respect. and it just keeps climbing this wall of worry, as the old adage goes. >> talk a little bit about earnings and the things you are covering, health care, financials. >> certainly. >> how do you think earnings are going to shape up for 2013? >> i'm optimistic. we could see $110 for the s&p 500. the multiple right now is about 12 1/2. we get down to 12, 13 seems to be unlucky. we can't seem to break through that. but if we get through this cliff issue, and we will, one way or another, even if we go over the cliff, there will be some resolution afterwards. i think earnings are going to hang in there pretty well. they are only triggered by the global economy and
. >> according to the hawaii reporter. >> the other bookmark is his inauguration. you don't want these things to go through the inauguration, either. so, that gives us a very tight window. >> look, politicians have a long track record of kicking the can down the road. they could certainly do it again. but i've characterized this bull market as sort of the rodney dangerfield of bull markets. absolutely no respect. and it just keeps climbing this wall of worry, as the old adage...
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Dec 26, 2012
12/12
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president obama is coming back early as you mentioned, from his vacation in hawaii, but a senior white house official tells me they have seen no signs yet of progress toward a deal, so, everybody is going to have to wait for a couple of days. >> so, there's no indication at this point that there are any scheduled meetings tomorrow or anything to that effect, press conferences, news conferences to update the american people on what is going on in d.c.? >> everybody's got telephones, so, there's doubtless conversations going on. senate doesn't get back until late tomorrow. president gets back late tomorrow. the house is not back, but all of the leadership types, all the important players in any potential resolution of this are going to be in contact with one another and the likelihood that they will be in contact increases with every passing hour. >> john, stick around. i want to bring in anthony, who is on the desk here tonight. he was on the finance committee for mitt romney in his presidential bid. and what your sources are telling you is what in terms of if we reach a deal. >> i've t
president obama is coming back early as you mentioned, from his vacation in hawaii, but a senior white house official tells me they have seen no signs yet of progress toward a deal, so, everybody is going to have to wait for a couple of days. >> so, there's no indication at this point that there are any scheduled meetings tomorrow or anything to that effect, press conferences, news conferences to update the american people on what is going on in d.c.? >> everybody's got telephones,...
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Dec 26, 2012
12/12
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the president cutting his vacation short in hawaii. the president plans to leave for washington tonight. congress expected to return on thursday. president, guys, not expected to actually arrive in washington until tomorrow morning. no talks scheduled that we know of as of yet. all the attention's going to turn to the senate, which tends to be more of a compromising body than the house is. >> yes. and the president is available in person if you should want to go over there and visit with him. or perhaps if he wants to visit with anybody else. the consensus seems to be if you get some sort of a deal, it's obviously not going to be the big deal. it will simply be something that extends the tax cuts for the vast majority of americans, at least those earning less than $250,000 a year. the consensus seems to be, carl, that if we don't get a deal by the second or third or fourth week, the super bowl week, we'll start to feel it in the economy. >> we had a notable sell-off. there is typically a bias on christmas eve, but the worst christmas e
the president cutting his vacation short in hawaii. the president plans to leave for washington tonight. congress expected to return on thursday. president, guys, not expected to actually arrive in washington until tomorrow morning. no talks scheduled that we know of as of yet. all the attention's going to turn to the senate, which tends to be more of a compromising body than the house is. >> yes. and the president is available in person if you should want to go over there and visit with...
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Dec 26, 2012
12/12
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the president is coming back from hawaii. speaker john boehner has not even committed to bringing the house back into session. the senate will come back on thursday. and not deal with the fiscal cliff but deal with spending bills to clean up new york and connecticut and new jersey from hurricane sandy and reauthorize some intelligence bills. so i mean, there's no real deal in the offing. there's nothing going on behind the scenes that would lead us to believe that anything would get done before january 1. >> all right. josh, out to you. obviously a lot of the discussion has been around the kind of deal that we would get if we do get something. if a deal does come through, it -- more likely will not be comprehensive, right? there's going to be a lot of negotiating that occurs after the first of the year. i guess my question to you is, does this leave the markets open to turmoil and more volatility as we head into january? >> the markets are going to be left open to turmoil and volatility, period. what we've seen is that despit
the president is coming back from hawaii. speaker john boehner has not even committed to bringing the house back into session. the senate will come back on thursday. and not deal with the fiscal cliff but deal with spending bills to clean up new york and connecticut and new jersey from hurricane sandy and reauthorize some intelligence bills. so i mean, there's no real deal in the offing. there's nothing going on behind the scenes that would lead us to believe that anything would get done before...
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Dec 27, 2012
12/12
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he cut short his vacation in hawaii in order to resume talks on the fiscal cliff. we're looking at pictures of him in honolulu as he's boarding air force one. we're looking at whether congress will be back in session in order to reach a deal as the clock ticks towards that year-end deadline. >>> the imf says france should give itself more leeway to meet mission targets. the company's 3% of gdp with more pressing -- than cussing excess from public finances. the imf has warned against more tax hikes warning these could further restrict growth. he says it's built a bit of momentum, but still needs to do more. >> france has to reform. france cannot -- that can avoid reforms. it can be again reforms which might be different. but we need to reform. let me say that from that perspective, the recent decisions going the right direction and i think that the government has understood the need to help companies create jobs. so what is important is that this momentum is there going forward. i mean, the momentum, positive momentum regarding the negotiation between the trade unio
he cut short his vacation in hawaii in order to resume talks on the fiscal cliff. we're looking at pictures of him in honolulu as he's boarding air force one. we're looking at whether congress will be back in session in order to reach a deal as the clock ticks towards that year-end deadline. >>> the imf says france should give itself more leeway to meet mission targets. the company's 3% of gdp with more pressing -- than cussing excess from public finances. the imf has warned against...
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Dec 7, 2012
12/12
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they're not going to hawaii because those are over 50%, too. what does california, new york and hawaii know that we don't know? >> i think they do not believe -- you can say the same thing for the obama white house -- they think america's undertaxed and the tax rates can go dramatically higher despite these examples in europe without it hurting economic growth. i think they are completely wrong. i think you can draw just the opposite conclusion of what's going on in europe. but apparently we're going down that route anyway. >> isn't that why president obama wants to raise the tax rate? he raises the tax rate in order to spend. seems to me that taxing and spending is his mantra, just like the east european mantra and the california and new york -- why would you want to raise the tax rate $1.6 trillion if youp didn didn't want to spe? that's a big number. >> it is. jared bernstein was in "the new york times" complaining about the tax cutting in this country over the past 30 years. and jared says, we've gutted the tax code, we're just not getting
they're not going to hawaii because those are over 50%, too. what does california, new york and hawaii know that we don't know? >> i think they do not believe -- you can say the same thing for the obama white house -- they think america's undertaxed and the tax rates can go dramatically higher despite these examples in europe without it hurting economic growth. i think they are completely wrong. i think you can draw just the opposite conclusion of what's going on in europe. but apparently...
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Dec 17, 2012
12/12
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FOXNEWS
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hawaii has never been a state without inouye in the body. he first served in the house when hawaii joined the union in 1959 moved to the senate in 1962. by the end of his career he was the most senior member or president pro-tem of the senate making him third in line for the presidency. evidences president pro-tem and he was senior member of the majority party. he was behind vice president biden and speaker boehner. patrick lehey next in line. he joined the senate in 1974. in -- inouye this is what he said marking the pearl har dobo attack december 7, 2011. >> the bombing of pearl harbor 7 years ago began a period of my life when i became i hope a good american. it is something that i will never forget. it changed my life forever. something of interest at this moment. i hope that we will remember december the 7th. i hope we will remember 9-11. that was just a few years ago be people are beginning to forget 9-11. if december the 7th is going to teach us anything, it should be that we must remain vigilant at all times. knotted just to avoid wa
hawaii has never been a state without inouye in the body. he first served in the house when hawaii joined the union in 1959 moved to the senate in 1962. by the end of his career he was the most senior member or president pro-tem of the senate making him third in line for the presidency. evidences president pro-tem and he was senior member of the majority party. he was behind vice president biden and speaker boehner. patrick lehey next in line. he joined the senate in 1974. in -- inouye this is...
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Dec 24, 2012
12/12
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the president's playing golf in hawaii. there's nothing going on behind the scenes. >> there's not some -- >> meetings going on in the white house, there's not staff -- >> lining up a putt? >> no, which is difficult, because there's lots of other stuff that has to go into what the president talks about before he left on friday, which is the tax rates. he didn't talk about payroll tax cut, amt, a number of things. there's a lot that has to go into a final deal and how they get that done. >> my worry is we're not talking about early january, we're talking about late january. >> i think it's probably more mid january if we go over. because i think you'll see market reaction, and you'll see a lot of people freak out, and it's a problem. >> market reaction, would you think -- >> people still think it's, you know, we get a deal. last-minute deal. i tend to be an optimist. i've been a cliff diver for the start. the alternative to allowing it to happen is so crazy and so insane and so stupid. >> here's what -- i'm not advising the
the president's playing golf in hawaii. there's nothing going on behind the scenes. >> there's not some -- >> meetings going on in the white house, there's not staff -- >> lining up a putt? >> no, which is difficult, because there's lots of other stuff that has to go into what the president talks about before he left on friday, which is the tax rates. he didn't talk about payroll tax cut, amt, a number of things. there's a lot that has to go into a final deal and how...
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Dec 22, 2012
12/12
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>> nbc's kristen welker in hawaii with the president. thank you, kristen. >>> speaker boehner has his work cut out for him now, not only does he have to cut a deal with the democrats, but he has a plan b fiscal cliff proposal and let's bring in jonathan allen and third way resident fellow bill schneider. i want to start with you. you wrote an article titled revenge of the purged, and you basically were saying in your article, jonathan, that the three amigos that spooker boehner stripped out of their positions and we see them on the screen, what beef did they have? was it simply because they were stripped of their titles? >> look, i think there's a fundamental divide between them and not only speaker boehner with a lot of the republican conference. these guys lost their assignments voting against republicans a lot, but also members of the republican steering committee that led the committee led by speaker boehner have basically said that these guys have gone to another level of trying to hurt the team over the last couple of years and tha
>> nbc's kristen welker in hawaii with the president. thank you, kristen. >>> speaker boehner has his work cut out for him now, not only does he have to cut a deal with the democrats, but he has a plan b fiscal cliff proposal and let's bring in jonathan allen and third way resident fellow bill schneider. i want to start with you. you wrote an article titled revenge of the purged, and you basically were saying in your article, jonathan, that the three amigos that spooker boehner...
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Dec 27, 2012
12/12
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ourselves in, and the last night president obama called myself and the speaker and maybe others from hawaii and asked if there was something we could do to avoid the fiscal cliff. i would say we're frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months. literally for months, a plan that would simplify the tax code and shrink the deficit, protect the taxpayers and grow the economy. democrats consistently rejected those offers. the president chose instead to spend his time on the campaign trail. this was even after he got re-elected and congressional democrats sat on their hands. now republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement, but we had no takers. the phone never rang, and so now here we are five days from the new year, and we might finally start talking. democrats have had an entire year to put forward a balanced bipartisan proposal, and if they had something to fit the bill, i'm sure the majority leader would have been able to deliver the votes the president wou
ourselves in, and the last night president obama called myself and the speaker and maybe others from hawaii and asked if there was something we could do to avoid the fiscal cliff. i would say we're frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months. literally for months, a plan that would simplify the tax code and shrink the deficit, protect the taxpayers and grow the economy. democrats consistently rejected those offers....
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Dec 26, 2012
12/12
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i think the president coming back from hawaii to show he can't be in hawaii over the holidays while this is hanging over our heads. i don't think anything gets done and i don't think the market cares. >> where do you see evidence e the -- >> we have been sitting at this forever. brent crude at 110. these are high numbers. that's a pretty strong market for one that's about to fall out of bed. you expect them to get something done in the last 18 hours they haven't gotten done in the last 18 months? i can't imagine. >> why does the market not care if you're right? >> why does the market not care? people are saying there are reasons to own the stock market, irrespective of the fiscal cliff and things coming in the wake of sequestration and expiration of tax cuts actually good, things to embrace. let's embrace good things. republicans should like it. a little bit of fiscal responsibility in here and military budgets no party wants to take on, irrespective of parties. a lot to like. maybe they think bernanke can come in and to a certain degree fix with more stimulus policy and buying of assets
i think the president coming back from hawaii to show he can't be in hawaii over the holidays while this is hanging over our heads. i don't think anything gets done and i don't think the market cares. >> where do you see evidence e the -- >> we have been sitting at this forever. brent crude at 110. these are high numbers. that's a pretty strong market for one that's about to fall out of bed. you expect them to get something done in the last 18 hours they haven't gotten done in the...
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Dec 24, 2012
12/12
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>> i've been to maryland and i would choose hawaii. david: but you don't have air force one. >> no, the bottom line, the president is sitting in the catbird seat as they'd say in indiana. and i don't want to use the word win. david: he uses the word win. >> right, i mean, he holds the cards, the cards in his hand and he knows that. david: that's exactly what he said, by the way, to john boehner, according to some notes from inside the meeting he said, hey, look, i won, i win, i don't have to compromise, you guys have to do the compromising. thank you, gang, we'll see more of you coming up. new at 10, china is set to become the largest consumer of coal. still, the u.n. kind of gives them a pass on so-called dirty energy even while they criticize the u.s. for not being green enough. we try to level the playing field with a leading environmentalist. stay tuned.
>> i've been to maryland and i would choose hawaii. david: but you don't have air force one. >> no, the bottom line, the president is sitting in the catbird seat as they'd say in indiana. and i don't want to use the word win. david: he uses the word win. >> right, i mean, he holds the cards, the cards in his hand and he knows that. david: that's exactly what he said, by the way, to john boehner, according to some notes from inside the meeting he said, hey, look, i won, i win,...
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Dec 21, 2012
12/12
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there, you know, i was joking that if you got these headlines saying the president is not going to hawaii. he'll be at the table until we get a deal done, fine. then maybe you get one of these pops. i think all of this points out exactly the sorts of things that the market is not particularly good at discounting. because really the outcome is determined by the intentions and the maneuvers of a handful of individuals. it is really not the wisdom of crowds telling you what is going to happen in the market here. >> you've been prescient in your picks for certain. last week on friday you picked johnson controls. 6% gain this week. so congrats on that one. now we're all ears. what is going to move now? >> i would like to just declare victory. >> i'm sure you would. while you're ahead. >> i feel like as a place to hide just in terms of tlt, the sort of long treasury play, simply because if this suspense lasts, it is going to, you know, sort of undo some of the sell off that you saw when we thought everything was great and we had a deal. so i don't think this is going to be really a fast mover.
there, you know, i was joking that if you got these headlines saying the president is not going to hawaii. he'll be at the table until we get a deal done, fine. then maybe you get one of these pops. i think all of this points out exactly the sorts of things that the market is not particularly good at discounting. because really the outcome is determined by the intentions and the maneuvers of a handful of individuals. it is really not the wisdom of crowds telling you what is going to happen in...
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Dec 26, 2012
12/12
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KPIX
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t nancy cordes with the president in hawaii. thank you. farmers will also feel the impact if lawmakers fail to reach a deal on the fiscal cliff. bimultibillion-dollar aid bill may be a casualty of the casuemate. the ripple effects would be felt far from the fields. we asked anna warner to look into that. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress. >> without the farm bill, it really makes it uncertain for ehat you should do next year. >> reporter: steve is a pharmacist here and a rice farmer. the people are nervous. >> very nervous. wh reporter: what are they saying when they're coming in? what are you hearing? >> "what do we do?" you know, they don't know what to do. ht's so uncertain right now that the banks don't know what to do. the farmers don't know what it do. they're out there plowing the land, getting it all prepared for next year, with total cecertainty. >> reporter: at stake, $154 billion
t nancy cordes with the president in hawaii. thank you. farmers will also feel the impact if lawmakers fail to reach a deal on the fiscal cliff. bimultibillion-dollar aid bill may be a casualty of the casuemate. the ripple effects would be felt far from the fields. we asked anna warner to look into that. >> reporter: eagle lake, texas, depends on rice. it's been grown here since the 1800s. drought is usually the biggest threat, but the nervous talk in the drugstore now is about congress....
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Dec 27, 2012
12/12
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, look at bank of hawaii. because you know he's going to make that bank make money. even if he has to throw people out windows he's going to make that bank profitable. >> are you a fan of citi in that regard? >> i'm still waiting for them to tell me what the business model is. getting back to the point about morgan stanley. i think it's got great potential. citi was a good subprime lender and then they chased volume. whenever you chase volume you get in trouble in this business. >> you see any in the financial markets, you see any tumult next week? >> well, when the fed adjusts rates you're going to be looking at some very significant potential losses in the banking industry. not in the health and maturity -- >> not the fiscal cliff? >> no, i'm just talking about interest rates. >> anything happening if we go through? you know it's coming up, monday is new year's eve. >> it will hurt the economy which will hurt banks. but banks have rallied, i think, mostly because of the fed. they have cash flow, they were un
, look at bank of hawaii. because you know he's going to make that bank make money. even if he has to throw people out windows he's going to make that bank profitable. >> are you a fan of citi in that regard? >> i'm still waiting for them to tell me what the business model is. getting back to the point about morgan stanley. i think it's got great potential. citi was a good subprime lender and then they chased volume. whenever you chase volume you get in trouble in this business....
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Dec 27, 2012
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yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by game leadership that they will advise their numbers by saturday if they are going to bring them back into washington for a vote on anything on monday if there is a deal. there you see the united states senate is coming into session is this morning. we are going to keep an eye out for those remarks from senator reid, and of course, remarks on this fiscal cliff debacle have been moving the markets throughout the past couple of weeks, wait and see what harry reid has to say. guys, not a whole lot here to give those guys consumer confidence. >> the essence of poll tak
yes, the president returning early from his hawaii vie cation today. at the top of this hour, expecting any minute on the senate floor that harry reid might come and give us some comment and guidance here on where to expect fiscal cliff talks to go over the next 48 hours or so. we know that the house of representatives will not be in session today but speaker bain he or she conferencing in his colleagues on a phone call this afternoon, all that up against a monday deadline. now we are told by...
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Dec 27, 2012
12/12
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. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely, extremely angry in ways that you really hear on the senate floor with the speaker of the house. take a listen. >> it's beings operated with a dictatorship of the speaker not allowing the vast majority of the house of representatives to get what they want. if the 250 would be brought up, it would pass. >> so harry reid there calling house speaker john boehner a dictator for not bringing a bill to the floor that would extend the bush tax cuts for all those who make less than $250,000 a year. now that bill if it was brought to the house floor would have to pass with democ
. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely,...
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Dec 22, 2012
12/12
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. >>> now, here's what president obama had to say just before leaving for hawaii for christmas. >> i just spoke to speaker boehner, and i also met with senator reid. in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> wow. ten days. so, will the fiscal cliff solve in ten days? i know there's a deal out there some place it may not be until january, but let's ask our free market friday panel what they think. we have the columnist for the hill and former dnc communications director katie pavlitz. and mr. greenhaus is going to stay with us. all right, katie. first of all, obama basically said in ten days we can get a deal, it sounds like a small deal, 250,000 is the middle class threshold after mr. boehner's plan "b" got defeated. is such a thing possible? or will we have to wait until the new year? >> we're probably
. >>> now, here's what president obama had to say just before leaving for hawaii for christmas. >> i just spoke to speaker boehner, and i also met with senator reid. in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten...
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Dec 10, 2012
12/12
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borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two states have huge foreclosure backlogs. they need brisk buy flg order to eat up that distress. we want to keep that in perspective. people say taking away this deduction will raise home prices and drop purchasing power. but we have to remember that the interest deduction is used by 27% of borrowers. what is interesting is that older americans are getting hit with it more because they usually would move out of their large homes by now and they today stay in place because they weren't able to sell during the housing crash. guys? >> diana, does it soften the blow if they am am
borrows in hawaii and washington, d.c. get the greatest benefit. from 3 to 5%. california hard hit, losing that reduction could hurt a lot. talking about hard hit, take a look at arizona, nevada and florida. does that really affect home buying when the bulk of buyers in those states are investors who don't use mortgages? the answer, probably not. now i want it highlight new york and new jersey. they are on the high end of what you get from the tax benefit. and they desperately need buyers. two...
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Dec 22, 2012
12/12
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the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earlit that they would be expected to get back to work on this. melissa? melissa: peter, who's left? sounds like it is a ghost town there. sounds basically two guys that are still left working. >> yeah, i don't know if they will be here very much longer. but listen, realistically, it's the holiday season. a lot of members, the presidt, they all made plans, and after last night with speaker boehner, pulling his pl b, it doesn't look like, there are no signs of anyegotiations or any plans for any negotiations. it looks like everyone just wants to go, be with their families and spend the holiday time together before they try to hammer out a st minute deal on all of this. melissa: yeah, no kidding. of cours everybody wants to go home for the holidays but what you haven't done your work you haven't done your work. oh, well. what d
the president plans, is planning to go to hawaii for christmas with his family. speaker boehner has left town. gone back to ohio. for the holiday. the senate is expected to come back on, on december 27th, the thursday next week, which is the earlit that they would be expected to get back to work on this. melissa? melissa: peter, who's left? sounds like it is a ghost town there. sounds basically two guys that are still left working. >> yeah, i don't know if they will be here very much...
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Dec 27, 2012
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president obama left hawaii early this morning, expected to land in washington next hour. senators will also be back, trying to craft a bill. we expect to hearing from him on the floor in moments. the house is still home. they'll hold a conference call with members today. to make matters worse, you say oh by the way, you'll hit the debt ceiling on monday. we also have ryan grimm. yeah, you. there you are. >>> it looks like they're pointing -- >> and politicians, and so what we're sealing is -- for deficit reduction. and spend seg cuts off their shoulders, and make it inevitable, saying, you know what? it didn't just happen to them. they pass the sequester, which contained severe, rapid definite at this time reduction. it was almost inevitable, almost the moment they passed the sequester. >> to you, ryan, i was alluding to how both sides are saying different things. two members of the house said this last hour. we had one democrat and one republican. take a listen. >> i think there's still a chance to get something done. that's what happened in the budget deal, i think that
president obama left hawaii early this morning, expected to land in washington next hour. senators will also be back, trying to craft a bill. we expect to hearing from him on the floor in moments. the house is still home. they'll hold a conference call with members today. to make matters worse, you say oh by the way, you'll hit the debt ceiling on monday. we also have ryan grimm. yeah, you. there you are. >>> it looks like they're pointing -- >> and politicians, and so what we're...
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Dec 11, 2012
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and let's not forget hawaii. more importantly we will all be syborgs. they note future retinal eye implants could cause neuro enhancements and provide memory recall. they could enhance strength and speed and provide functions not previously available. let's go to future kitty live from the year 2030. >> that's better than psy. >> that's fantastic. >> you enjoy that a little too much. >> here is the thing. >> that's just between the cat and myself. >> the only congressman to utter that in the history of politics. >> i thought the moment i would sit down in this chair it would be crashing and burning. >> i cannot wait until they take my cell phone and embed it in my skull. that way i always know where it is at. that's true. >> and set it on vibrate. i want to ask you a semiserious question. if we are aware that we are on the road to decline. people accept decline because it takes pressure off you. you don't have to be number one. are you can be number two and number four. do we want -- if we know this is going in this direction, shouldn't we try to stop i
and let's not forget hawaii. more importantly we will all be syborgs. they note future retinal eye implants could cause neuro enhancements and provide memory recall. they could enhance strength and speed and provide functions not previously available. let's go to future kitty live from the year 2030. >> that's better than psy. >> that's fantastic. >> you enjoy that a little too much. >> here is the thing. >> that's just between the cat and myself. >> the only...
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Dec 27, 2012
12/12
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the president is back there, trading the heat of the sun in hawaii going to the heat in washington. steve forbes will be coming up later in the hour. shibani: we will tell you what drove the markets today with today's data down load. stocks gaining momentum in the last hour of trading crawling back from triple digit losses down about 150 points following reports that the house will return to washington on sunday, but that late rally wasn't enough to lift stocks into positive territory, with all three major indices closing lower for the fourth day in a row. materials, financials, amongst the day's top worst performing sectors i should say. new home sales surging to strongest level in more than two years. sales jumping 4.4% from october to an annual rate of 377,000, more good signs that that housing sector much needed to improve the rest of the economy is finally getting a boost. and the number of americans filing new applications for unemployment aid falling to its lowest level in nearly four and a half years. initial claims dropping 12,000 to a seasonally adjusted 350,000 the week p
the president is back there, trading the heat of the sun in hawaii going to the heat in washington. steve forbes will be coming up later in the hour. shibani: we will tell you what drove the markets today with today's data down load. stocks gaining momentum in the last hour of trading crawling back from triple digit losses down about 150 points following reports that the house will return to washington on sunday, but that late rally wasn't enough to lift stocks into positive territory, with all...
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Dec 26, 2012
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the president is scheduled to leave hawaii at 10:00 hawaii time. we have snow. the president is coming back to this. after being on the beautiful beaches of hawaii with the nice warm water. this is what happens when you don't have a budget deal. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> before the president left for his christmas break, he warned congress about self-inflicted wounds on a massive tax increase and economic calamity. what's going to give? with politico, role call from shark week, we appreciate it. we cover congress and we were there late, late into the night las
the president is scheduled to leave hawaii at 10:00 hawaii time. we have snow. the president is coming back to this. after being on the beautiful beaches of hawaii with the nice warm water. this is what happens when you don't have a budget deal. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle....
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Dec 18, 2012
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the same year hawaii became a state. he won a seat in the senate three years later where he served 8 1/2 terms. >> he was a man who, as we all know, rarely called attention to himself, but who lived a remarkable american life filled with dignity and grace of the true hero that he was. >> reporter: he gained notoriety when he served on the senate committee looking into the watergate scandal. the probe ultimately led to president nixon's resignation. in a statement, president obama said, "our country has lost a true american hero." cbs news, los angeles. >>> congressman tim scott has been appointed to fill the south carolina senate seat vacated by jim demint. scott will be the south's first black republican senator since reconstruction and just the fourth black republican in senate history. governor nikki haley who appointed scott said she chose him for his conservative values. scott will serve two years before facing an election in 2014. >>> up next, your tuesday morning weather. >>> in sports, syracuse basketball coach j
the same year hawaii became a state. he won a seat in the senate three years later where he served 8 1/2 terms. >> he was a man who, as we all know, rarely called attention to himself, but who lived a remarkable american life filled with dignity and grace of the true hero that he was. >> reporter: he gained notoriety when he served on the senate committee looking into the watergate scandal. the probe ultimately led to president nixon's resignation. in a statement, president obama...
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Dec 18, 2012
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. >>> also, senator daniel inouye of hawaii passed away this afternoon at age 88. inouye was a senator for 50 years. he was a world war ii hero as well. inouye was awarded the medal of honor for actions he took in italy in 1945 as a member of the legendary 442 combat team composed entirely of japanese americans. may senator inouye rest in peace. >>> now back to some stock market work. stocks continue to discount a fiscal cliff solution of some kind. as i've suggested, they're reacting positively. how about a little optimism on that story? up next, some optimism. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? come pre-filled with problems. enough is enough
. >>> also, senator daniel inouye of hawaii passed away this afternoon at age 88. inouye was a senator for 50 years. he was a world war ii hero as well. inouye was awarded the medal of honor for actions he took in italy in 1945 as a member of the legendary 442 combat team composed entirely of japanese americans. may senator inouye rest in peace. >>> now back to some stock market work. stocks continue to discount a fiscal cliff solution of some kind. as i've suggested, they're...
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Dec 26, 2012
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. >> some people i've talked to today suggested the mere fact the president is coming back from hawaii early on suggests good tidings. >> well, i think it suggests the president wants to be working on this problem and be seen as working on this problem, but it's only partially up to him. he's got to get the acquiescence of republicans and a temporary extension of tax cuts for people under $250,000. their acquiescence to turn off the sequester to avoid the automatic budget cuts are up to mitch mcconnell in part and also up to john boehner who may be asked before it's over to put on the floor of the house a bill that lacks support of the majority of his own members. that is something that would be a risk on the speaker's part as he faces a re-election by the house of representatives to the speakership in early january, but we'll see whether if it comes to that, whether he's willing to do it. 8. >> john, thank you very much. >>> as we edge ever closer to our impending fiscal doom, we will look more closely how the markets are reacting and what is yet to come. joining us now, michael farr
. >> some people i've talked to today suggested the mere fact the president is coming back from hawaii early on suggests good tidings. >> well, i think it suggests the president wants to be working on this problem and be seen as working on this problem, but it's only partially up to him. he's got to get the acquiescence of republicans and a temporary extension of tax cuts for people under $250,000. their acquiescence to turn off the sequester to avoid the automatic budget cuts are...
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Dec 27, 2012
12/12
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the president is inding his hawaii have a -- ending his hawaii vacation early and returning tonight. >> wonderful to see all of you. merry christmas to everybody. >> reporter: congress is also coming back from a winter break tomorrow. and time is ticking down on the "fiscal cliff" clock. >> not likely to make a deal before the 1st. >> reporter: cbs 5 political analyst joe tuman says this is washington politics at its worst. >> the only thing that's going to force both sides to negotiate is going over the deadline. people will vote for it. they will be able to say exactly the opposite. >> reporter: in the meantime, consumers suffer. that's because we're about to take the plunge off the dairy cliff. a farm bill expires at the end of the year meaning the government reverts back to the 63-year-old pricing formula for milk and those costs are passed to you. nogallon of milk is about $3.50
the president is inding his hawaii have a -- ending his hawaii vacation early and returning tonight. >> wonderful to see all of you. merry christmas to everybody. >> reporter: congress is also coming back from a winter break tomorrow. and time is ticking down on the "fiscal cliff" clock. >> not likely to make a deal before the 1st. >> reporter: cbs 5 political analyst joe tuman says this is washington politics at its worst. >> the only thing that's going...
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Dec 27, 2012
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what we know about the president is that he cut short his hawaii vacation, arriving in d.c. earlier today. and we're not aware of new developments from the president, but mcconnell seemed to telegraph that the president called him yesterday and now expecting that the president would make him some sort of offer at some point in the future. we haven't seen that yet. so, this story continues, melissa. >> so, it sounds, eamon, like the house is going to reconvene and that's sort of a precautionary call at this point because of the time frame but there's not necessary a deal on the table or closer to being formed at this point. >> that's right. it's not an indication that they have a deal in hand and they're going to vet on something on sunday. it is an indication that they do want all of the bodies back here in d.c. on sunday night. so that if they have to proceed to votes, they can do it and they know where their people are. everybody got 48 hours notation. a lot of the folks are retiring. they're all over the country. snowstorm is wrecking havoc on travel plans. everybody has
what we know about the president is that he cut short his hawaii vacation, arriving in d.c. earlier today. and we're not aware of new developments from the president, but mcconnell seemed to telegraph that the president called him yesterday and now expecting that the president would make him some sort of offer at some point in the future. we haven't seen that yet. so, this story continues, melissa. >> so, it sounds, eamon, like the house is going to reconvene and that's sort of a...
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Dec 14, 2012
12/12
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president obama doesn't want to cancel his hawaii vacation, and harry reid's threatening to keep congress in session, again, for the third year, fourth year in a row. that could have been one of the things they talked about. but at this point, i'm not quite sure if boehner can really get a deeper spending cut deal. i think the most he's going to be able to get is a promise. >> keith boykin, the other thing when i was down in washington yesterday, on the phone with all these guys, is that basically the republicans are going to cave in. basically they're going to cut their losses. basically it's a strategic retreat, that's what i call it, and they will give the president, they will give him his middle class tax cuts, or extended tax cuts and the top rates are going up. now, what the gop gets in return for that i do not know. but i see a cave-in, keith. >> i think you're right. they have no choice, larry. i mean, there's no leverage. the tax rates are going to expire on december 31st, so on january 1st, regardless of whether they do nothing or not, something's going to happen. the president'
president obama doesn't want to cancel his hawaii vacation, and harry reid's threatening to keep congress in session, again, for the third year, fourth year in a row. that could have been one of the things they talked about. but at this point, i'm not quite sure if boehner can really get a deeper spending cut deal. i think the most he's going to be able to get is a promise. >> keith boykin, the other thing when i was down in washington yesterday, on the phone with all these guys, is that...
SFGTV2: San Francisco Government Television
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Dec 5, 2012
12/12
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special thanks to my husgreg husband greg smith. [ applause ] greg let us cut his birthday trip to hawaii short by a day and fly back on his birthday, so i could be here today. so if you wouldn't mind saying happy birthday greg. happy birthday greg! so this is a threshold, a beginning, a start. we're going to build a new library. there are a couple of other starts today. today is the start of the effort to raise money to furnish and equip that library. the friends of the library have done an incredible job of doing that with 23 other branches. we're the last. we don't want to tiredly limp over that finish line. we want to show them what our neighborhood can do. so you are going to be getting the asks. the ask is to be able to help with that effort to furnish our library and equip it to make it the best library in the city of san francisco. so stay tuned, we need your help again. one more and that is prop b. how many people are going to vote in this election? can i see a show of hands? how many people will vote for prop b? >> yes. >> how many of you can think of at least two or three or fo
special thanks to my husgreg husband greg smith. [ applause ] greg let us cut his birthday trip to hawaii short by a day and fly back on his birthday, so i could be here today. so if you wouldn't mind saying happy birthday greg. happy birthday greg! so this is a threshold, a beginning, a start. we're going to build a new library. there are a couple of other starts today. today is the start of the effort to raise money to furnish and equip that library. the friends of the library have done an...
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Dec 9, 2012
12/12
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armey-demint --- they are like the congregationalist in hawaii. they came to do good, and they're doing very well. [laughter] >> with him leaving the senate and going to the hetage foundation, i think the intellectual level both places lifts up. now -- you got it. >> yeah, i got it. >> remember, heritage was the originator of the idea of the federal mandate for health insurance. >> he said we spend too much time concentrating on o obama and not our positions. don't forget that it was jim demint in 2009 who said that if we stop him on health care, this will be his waterloo. we will break him. he faid to do that. he has been a very partisan guy his whole time in the senate. >> he was one of the senators to vote against the international treaty for disabilities, with bob worldwide on the floor of the senate i don't understand that. -- with bob dole might on th floor of the senate's. i don't understand that. >> it was a un thing.. >> nina is right. the totally fabricated specter of u.n. helicopters coming to home schooling parents and takiking their c
armey-demint --- they are like the congregationalist in hawaii. they came to do good, and they're doing very well. [laughter] >> with him leaving the senate and going to the hetage foundation, i think the intellectual level both places lifts up. now -- you got it. >> yeah, i got it. >> remember, heritage was the originator of the idea of the federal mandate for health insurance. >> he said we spend too much time concentrating on o obama and not our positions. don't...
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Dec 25, 2012
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. >> ifill: in hawaii last week, daniel ioneu died. and in a letter written to the governor who gets -- decide who takes his seat he actually stated his preference. >> he did. there are a lot of interesting elements with this. one thing that actually very same three what happened when teddy kennedy passed away in massachusetts, in fall 2009 or summer, sent letter to deval patrick he wanted them to change the law in massachusetts somebody would be able to fill that seat during critical time when they were debating health care reform. then somebody would run with special election. well in hawaii basically what he said was, i really want someone to fill my seat i hope that is congress warm colleen hanabusa who has not been there very long, very close, he felt that she would represent him with fer per. he said he respected requested. that what is interesting, governor abercrombie did not release that letter. senator's office released that. there's some political pressure going on and essentially as they're having this fiscal cliff negotiat
. >> ifill: in hawaii last week, daniel ioneu died. and in a letter written to the governor who gets -- decide who takes his seat he actually stated his preference. >> he did. there are a lot of interesting elements with this. one thing that actually very same three what happened when teddy kennedy passed away in massachusetts, in fall 2009 or summer, sent letter to deval patrick he wanted them to change the law in massachusetts somebody would be able to fill that seat during...
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Dec 18, 2012
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he had been representing hawaii. peter, as you know, since 1954. even before hawaii was a state. united states senator since 1963. and of course, a war hero. lost his right arm in combat in world war ii. was given the medal of honor by president clinton. >> which, by the way that's an amazing story about how he got that medal of honor and basically his hand, on a hand grenade. unbelievable. >> bill: he had one of the most distinctive speaking voices of any united states senator. here he is last year talking about december 7. >> the bombing of pearl harbor 70 years ago began a period of my life when i became an adult. and i hope a good american. >> bill: just that resonant voice. >> yeah. this sort of -- the depth of his feeling came through and he was so distinguished as a senator. i was in the senate when he -- working the senate when he had been there probably about 15 years by that point. he was really respected by folks. you know when you think of he and bob dole coming in together about the same time. and to think of the greatest of greatest generations, you would have to pu
he had been representing hawaii. peter, as you know, since 1954. even before hawaii was a state. united states senator since 1963. and of course, a war hero. lost his right arm in combat in world war ii. was given the medal of honor by president clinton. >> which, by the way that's an amazing story about how he got that medal of honor and basically his hand, on a hand grenade. unbelievable. >> bill: he had one of the most distinctive speaking voices of any united states senator....
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Dec 1, 2012
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this is a computer forecast that projects the density of moisture reaching from hawaii toward northern california. more than a foot of rain is predicted and mudslides are a danger. carter evans is in sacramento tonight. carter? >> reporter: scott, the sun broke through a few hours ago, but there still is a danger of flooding and mudslides through the weekend. more than half a foot of rain fell on northern california today. 40 mile per hour gusts have already knocked out power and toppled trees in san francisco. >> thankfully this didn't hurt anybody but it could be a lot worse. >> staying dry. >> thanks to you. >> where are you staying tonight? >> tonight, down the street. >> reporter: sister libby fernandez expects to help about a thousand people at this homeless center in sacramento with dry clothes and ponchos. >> this is weird because the weather's usually good here. >> the rivers are high, they're flooding. many of our homeless guests are camped out in the river areas. maurnice huff and her 12-year- old daughter have lived in their car since she lost her job. when you here in the
this is a computer forecast that projects the density of moisture reaching from hawaii toward northern california. more than a foot of rain is predicted and mudslides are a danger. carter evans is in sacramento tonight. carter? >> reporter: scott, the sun broke through a few hours ago, but there still is a danger of flooding and mudslides through the weekend. more than half a foot of rain fell on northern california today. 40 mile per hour gusts have already knocked out power and toppled...
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Dec 17, 2012
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tonight, long time senator daniel enewey of hawaii has died at the age of 78. the longest running senator and third in line to presidential success. his office says he died of respiratory complications at a washington hospital. >>> nasa's latest moon probe goes out with a bang. the rockets were crashed into the mono. nasa says the probes have been given them unprecedented insight. the planned crash occurred because the probes were running out of fuel. >> scott pelley has a preview of what's coming up tonight on the cbs evening news. >> today in newtown connecticut they laid to rest two of 20 children murdered in their school on friday. there are important new developments in the investigation. plus our new poll on gun control. all of that tonight on the cbs evening news. >> scott, thank you. >> scott, thank you. >> here's a look at tonight's ,, gecko (clearing throat) thank you, mr. speaker, uh, members of congress. >> scott, thank you. >> here's a look at tonight's ,, in celebration of over 75 years of our government employees insurance company, or geico...as
tonight, long time senator daniel enewey of hawaii has died at the age of 78. the longest running senator and third in line to presidential success. his office says he died of respiratory complications at a washington hospital. >>> nasa's latest moon probe goes out with a bang. the rockets were crashed into the mono. nasa says the probes have been given them unprecedented insight. the planned crash occurred because the probes were running out of fuel. >> scott pelley has a...
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Dec 18, 2012
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hawaii a better place. he fulfilled his dream of creating a better hawaii." he was a strong supporter of the university of hawaii, a strong supporter of george washington university law school, he got his bamp lower's in hawaii, his law degree at george washington. he was determined -- a determined representative of the fighting men and women, a longtime leader of the defense appropriations subcommittee. as i mentioned briefly last night, there has been in my many years in congress, i have been here as long as my friend, the assistant leader here, who is seated next to me today, we've been here 30 years. and there's been no one i've ever known in my 30 years here who did more and fought more for the fighting men and women of this country. he believed the nation's commitment to the members of its armed forces didn't earned with their -- end with their service. mr. president, for fear it would be lost and it shouldn't be lost, i want to spread on the record what this good man did at a prayer breakfast a coupl
hawaii a better place. he fulfilled his dream of creating a better hawaii." he was a strong supporter of the university of hawaii, a strong supporter of george washington university law school, he got his bamp lower's in hawaii, his law degree at george washington. he was determined -- a determined representative of the fighting men and women, a longtime leader of the defense appropriations subcommittee. as i mentioned briefly last night, there has been in my many years in congress, i have...
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Dec 6, 2012
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hawaii is above 50, as well. >> hawaii is worth it, though. >> california is not bad either. >> unless you need to drive somewhere. right? and don't have a helicopter. >> there's a reason the president takes a helicopter anywhere. you can't drive in d.c. sdl those a >> boston in the city can get like that. last night i was thinking in my mother was still alive, cincinnati versus here, she would see like ten cars an and go oh, i can't believe people -- if she had seen the line of buss that basically was a wall of about 60 buses, they get precedence to go in, and then like 16 other lanes getting down to one to go into the tunnel, and you're just sitting there, like no within in the world does this. >> i got stuck in a broken down truck in the holland tunnel last night. it's amazing how fast they get that truck up and out. >> they better because there are fumes and everything else. but if you try to go from pasadena at the wrong time in l.a., it's three hours. in other news out of the financial services industry, jpmorgan is naming co-chief control officers the new positions are aimed at
hawaii is above 50, as well. >> hawaii is worth it, though. >> california is not bad either. >> unless you need to drive somewhere. right? and don't have a helicopter. >> there's a reason the president takes a helicopter anywhere. you can't drive in d.c. sdl those a >> boston in the city can get like that. last night i was thinking in my mother was still alive, cincinnati versus here, she would see like ten cars an and go oh, i can't believe people -- if she had...
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Dec 17, 2012
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democratic senator daniel inouye of hawaii was the senior member, longest-serving member of the senate, which made him the president pro tem of the senate, having served nearly nine terms. first elected back in 1962. inouye was a recipient of the medal of honor. he was wounded during combat in the po valley in italy, a short time and short distance away from where a young bob dole was also hit in combat. dole almost lost his arm. inouye lost his. while recuperating after the war, the two men struck up a lifelong friendship, served in the senate, of course, together. inouye was given the nation's highest military decoration. he was son of japanese immigrants who volunteered for service in the war and dedicated his life to public service in this country. he was a huge power in the senate on military issues. he was part of both the watergate and iran contra committees. the senior man, senior democrat in the senate, dan inouye of hawaii, was 88 years old. >>> congressman tim scott of south carolina is reportedly about to become the first black senator from the south since reconstruction. t
democratic senator daniel inouye of hawaii was the senior member, longest-serving member of the senate, which made him the president pro tem of the senate, having served nearly nine terms. first elected back in 1962. inouye was a recipient of the medal of honor. he was wounded during combat in the po valley in italy, a short time and short distance away from where a young bob dole was also hit in combat. dole almost lost his arm. inouye lost his. while recuperating after the war, the two men...
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Dec 17, 2012
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. >>> senator inouyue of hawaii died. he's the second longest serving senator. he dies after fighting emphysema and respiratory complications. the last words were aloha. he was 88 years old. >>> still ahead, some customers are playing santa claus. unsuspects waitress and it was not a lump of coal. sue. >> and those are favorite types of stories this time of the year, shawn. i have to let you know that we have a bit of fog out there and so much so that just awhile ago, a dense fog advisory was expanded to include the entire metro area. i will let you know how long it will be hanging around. scott, won't these redskins to keep hanging around. what a weekend. >> the redskins prove they can get it done without rg3 on sunday. the question s will they have to do it again this coming weekend in philadelphia? the doctors still awaiting approval to return to the game field. plus, another redskin busted for prancing-drugs. we'll tell you who that is straight ahead in the sports edge. . >>> d.c. congresswoman eleanor holmes norton is fighting for
. >>> senator inouyue of hawaii died. he's the second longest serving senator. he dies after fighting emphysema and respiratory complications. the last words were aloha. he was 88 years old. >>> still ahead, some customers are playing santa claus. unsuspects waitress and it was not a lump of coal. sue. >> and those are favorite types of stories this time of the year, shawn. i have to let you know that we have a bit of fog out there and so much so that just awhile ago, a...